Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) proposed rule regarding overdraft fees.
“The proposed rule issued today by the CFPB would… Read more »
Today, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “International Financing of Nuclear Energy.”
Watch Chairman Luetkemeyer’s opening remarks here.
Read Chairman Luetkemeyer’s opening… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced a change to the following hearing:
TIME CHANGE: National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “International Financing of Nuclear Energy”
Time: 2:00 PM ET
Date: Wednesday, January 17, 2024
Place:… Read more »
Today, the U.S. House of Representatives passed five pieces of bipartisan financial services legislation to bolster our national security by confronting the generational economic threat posed by the Chinese Communist Party’s (CCP), combatting terrorism financing, and decreasing global reliance on Russian agriculture exports.
The financial services bills passed by the House… Read more »
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing featuring Housing and Urban Development (HUD) Secretary Marcia Fudge. Republicans are holding Secretary Fudge accountable for her routine avoidance of numerous requests to appear before the committee, HUD’s treatment of disabled veterans, and the Department’s gross lack… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Ranking Member Maxine Waters (CA-43) announced the formation of the Committee’s bipartisan Working Group on Artificial Intelligence (AI), led by Digital Assets, Financial Technology and Inclusion Subcommittee Chairman French Hill (AR-02) and Subcommittee Ranking Member Stephen F. Lynch… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Oversight and Investigations Subcommittee Hearing Entitled: “Oversight of the SEC’s Proposed Climate Disclosure Rule: A Future of Legal Hurdles”
Time: 10:00 AM ET
Date: Thursday, January 18, 2024
Place: 2128 Rayburn House Office… Read more »
On January 1, 2024, new beneficial ownership information (BOI) reporting requirements went into effect. The reporting requirements were implemented under the Corporate Transparency Act (CTA), which was designed to strengthen national security tools by identifying shell companies that may be used for illicit activity. The goal of the CTA was to balance the national security interests of… Read more »
Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), is holding a hearing entitled “Examining the DOL Fiduciary Rule: Implications for Retirement Savings and Access.”
Watch Chairman Wagner’s opening remarks here.
Read Chairman Wagner’s opening remarks as prepared for… Read more »
Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, led by Chairman French Hill (AR-02), is holding a hearing entitled “Regulatory Whiplash: Examining the Impact of FSOC’s Ever-Changing Designation Framework on Innovation.”
Watch Chairman Hill’s opening remarks here.
Read Chairman… Read more »
